--- title: 2024 NCCI Changes and the Impact on Workers' Comp Premiums - DSP Insurance Services description: 2024 NCCI classification and rate changes explained. Learn how updates impact your workers compensation premiums and experience mod. image: https://blog.dspins.com/hubfs/Imported_Blog_Media/NCCI-2024.jpg --- [![DSP Insurance Services](https://blog.dspins.com/hs-fs/hubfs/raw_assets/public/Dsp_November2023/images/DSP-Logo-500.png?width=500&height=382&name=DSP-Logo-500.png "DSP Insurance Services")](https://www.dspins.com/) - [Insurance Solutions](https://www.dspins.com/insurance-solutions/) - [Business Insurance](https://www.dspins.com/business-insurance/) - [Workers’ Compensation](https://www.dspins.com/business-insurance/workers-compensation-insurance/) - [Directors and Officers Liability](https://www.dspins.com/business-insurance/directors-and-officers-liability-insurance/) - [Employment Practice Liability](https://www.dspins.com/business-insurance/employment-practice-liability-insurance/) - [See All](https://www.dspins.com/business-insurance/) - [Employee Benefits](https://www.dspins.com/employee-benefits/) - [Group Health](https://www.dspins.com/employee-benefits/group-health-insurance/) - [Group Dental](https://www.dspins.com/employee-benefits/group-dental-insurance/) - [Group Vision](https://www.dspins.com/employee-benefits/group-vision-insurance/) - [See All](https://www.dspins.com/employee-benefits/) - [Insurance by Industry](https://www.dspins.com/business-insurance/insurance-by-industry/) - [Contractor](https://www.dspins.com/business-insurance/insurance-by-industry/contractor-insurance/) - [Manufacturer](https://www.dspins.com/business-insurance/insurance-by-industry/manufacturer-insurance/) - [Financial Institution](https://www.dspins.com/business-insurance/insurance-by-industry/financial-institution-insurance/) - [See All](https://www.dspins.com/business-insurance/insurance-by-industry/) - [Personal Insurance](https://www.dspins.com/personal-insurance/) - [Home](https://www.dspins.com/personal-insurance/home-insurance/) - [Auto](https://www.dspins.com/personal-insurance/auto-insurance/) - [Umbrella](https://www.dspins.com/personal-insurance/umbrella-insurance/) - [See All](https://www.dspins.com/personal-insurance/) - [Safety Consulting](https://www.dspins.com/safety-consulting/) - [Service Center](https://www.dspins.com/service-center/) - [Explore Policy Options](https://www.dspins.com/service-center/) - [Report a Claim](https://www.dspins.com/service-center/report-a-claim/) - [Request Auto ID Card](https://www.dspins.com/service-center/request-auto-id-card/) - [Request a Certificate](https://www.dspins.com/service-center/request-certificate/) - [Request a Bond](https://www.dspins.com/service-center/report-a-claim/) - [Policy Review](https://www.dspins.com/service-center/policy-review/) - [Request Policy Change](https://www.dspins.com/service-center/request-policy-change/) - [Client Login](https://www.dspins.com/service-center/#client-login) - [Custom Insurance Benchmarking](https://www.dspins.com/custom-insurance-benchmarking/) - [About](https://www.dspins.com/service-center/) - [About Our Agency](https://blog.dspins.com/About%20Our%20Agency) - [Agency News](https://www.dspins.com/blog/category/agency-news/) - [Meet Our Team](https://www.dspins.com/about-our-agency/meet-our-team/) - [Read Our Reviews](https://www.dspins.com/about-our-agency/read-our-reviews/) - [We Are Independent](https://www.dspins.com/about-our-agency/we-are-independent/) - [Community Involvement](https://www.dspins.com/about-our-agency/community-involvement/) - [Join Our Team](https://www.dspins.com/about-our-agency/join-our-team/) - [Learn About Our Agency](https://www.dspins.com/about-our-agency/) - Media - [Blog](https://blog.dspins.com/) - [Podcast](https://www.dspins.com/podcast/) - [Events](https://info.dspins.com/events) - [Contact](https://www.dspins.com/contact/) - [Schaumburg, IL Office](https://www.dspins.com/contact/schaumburg-il-insurance/) - [1900 E. 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These changes include the introduction of state specific Split Point Amounts (also referred to as the Primary/Excess Split Point) and modifications to the State Accident Limitation (which is the maximum value that any single claim has in the Experience Modification Rating calculation). In other words, the changes put more weight on smaller and more frequent claims. A more detailed explanation of these changes can be found [HERE](https://www.dspins.com/wp-content/uploads/2024/02/NCCI-Experience-Modification-Changes-for-2024-with-DSP-logo-3.pdf).Please reach out to DSP to further analyze the impact of these changes on your own Experience Modification Rating. --- #### Tag: [Business Insurance](https://blog.dspins.com/tag/business-insurance) #### Share: - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.dspins.com/2024-ncci-changes-and-the-impact-on-workers-comp-premiums) - [Follow us on Mail](mailto:?subject=2024%20NCCI%20Changes%20and%20the%20Impact%20on%20Workers’%20Comp%20Premiums%20&%20body=https://blog.dspins.com/2024-ncci-changes-and-the-impact-on-workers-comp-premiums) - Follow us on Copy Copied to clipboard --- --- ## Related Posts It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. 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